NASFAA Maria Carrasco January 16, 2024 The Department of Education (ED) on Friday announced that starting in February, eligible borrowers enrolled in the Saving on a Valuable Education (SAVE) repayment plan will have their federal student loan debt forgiven as part of an early implementation of a SAVE plan provision. The borrowers eligible for this student loan […]
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Higher Ed Dive Laura Spitalniak January 12, 2024 Rep. Virginia Foxx said her proposal would cut down on the “astronomical” levels of student debt in the country. Dive Brief: Rep. Virginia Foxx, chair of the House Committee on Education and the Workforce, introduced a wide-ranging legislative package Thursday meant to reshape the student loan system […]
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Faegre Drinker Jonathan D. Tarnow and Sarah L. Pheasant January 12, 2024 At a Glance The final regulations are substantively consistent with earlier proposed regulations from ED, including definitions and thresholds for calculating debt-to-earnings (D/E) and earnings premium (EP) metrics. Unprecedented program-level data reporting, disclosures, and student acknowledgements will be required of nearly all higher […]
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Inside Higher Ed Katherine Knott January 16, 2024 With higher education becoming more politicized, it’s poised to play a more prominent role than usual in this year’s presidential and congressional elections. The outcomes will carry huge policy implications. The fight for control of the White House and Congress in 2024 has already seen calls from […]
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